Dangote Cement’s pan-African operations sales fall 8% in FY22
Dangote Cement ’s pan-African operations sold around 10Mt of cement and clinker in 2022, down 8.1 per cent from the 10.9Mt sold in 2021. “This is due to the continuous global ...
Dangote Cement
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Dangote Group posts 17% revenue rise in FY22
Dangote Cement Group announced revenues us 17 per cent to NGN1618.3bn (US$3.51m) in FY22 and EBITDA up 3.5 per cent at NGN708.2bn. Profit after tax increased by 4.9 per cent ...
Dangote donates bags for agro-waste and alternative fuel payback
Dangote Cement’s Ibese plant has donated 25,000 of 100kg capacity bags for management of agro-waste in communities across Nigeria. Being burned or left rotten on the ...
Dangote Cement appoints new CEO
Dangote Cement Plc has named Arvind Pathak as the company’s new chief executive/managing director. Mr Pathak will replace Frenchman Michel Puchercos, who will leave his pos...
Dangote Cement receives CDP rating upgrade
Dangote Cement Plc has had its CDP rating raised from B- to B in recognition of the cement producer’s commitment to climate change. The rating upgrade indicates that Dangote ...
Sephaku Holdings posts net profit after tax of ZAR26.7m
Sephaku Holdings (Dangote Group) has posted net profit after tax of ZAR26.7m (US$1.54m) for the six months ended 30 September, building on the net profit after tax of ZAR17.8...
Dangote sees revenue advance 15% YoY in 9M22
Dangote Cement has reported group revenue of NGN1177.3bn (US$2.68bn) in the first nine months of 2022, up 15.2 per cent YoY. Group EBITDA over the same period advanced by 0.2...
Obajana to reopen, Kogi State Government to court
An agreement has been reached between Kogi State Government and Dangote Group to reopen the Obajana cement plant in Nigeria. Minister of Police Affairs, Mohammed Dingyadi...
TUC calls for Obajana plant reopening
The Trade Union Congress of Nigeria (TUC) has threatened the Kogi State government to unseal Dangote's Obajana Cement plant or be ready to contend its members. In a stat...
Dangote responds to plant ownership claims
Dangote Industries Ltd (DIL), the parent organisation of Dangote Cement Plc (DCP), has issued a statement reiterating that it acquired the Obajana cement plant in Kogi Stat...